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Dec 5, 2013 7:00am PST
industry is a $200 billion industry and one of the most profitable industries in our economy today. mcdonald's, for example, which pays its workers a median wage of less than $9 an hour posted $5.5 billion in profits last year and compensated its ceo almost $14 million. so clearly, the money is there in the corporation and the question is how do we get that to trickle down to workers above poverty wages. >> it makes sense and on the other end, the way the business models is set up, that's not the way the world is working right now and they've talked about this debate. you heard katy say it, and economists that i've seen crunch the numbers have said the cost of a burger and fries would go up 10% to 20%. the franchise association says 25% to 50% and that ultimately, though, their big argument says this will lead to the loss of entry-level jobs. does it have to? >> it doesn't have to, and we know that when you give workers a wage and especially low-wage workers. wage increase and they spend that money and put it right back into the economy. those are the workers that eat at the establishm
Dec 9, 2013 7:00am PST
the spending caps in place, that we don't raise taxes at a time when the economy is still weak and i think we can accomplish that over the next couple of days. >> let's go over what's on the table. cuts to federal pensions, military pensions, airline security fee hikes, unemployment and selling more of the broadcast spectrum. even those things aren't flying with some democrats, particularly the cuts to pensions already. what are the chances, ron, that any one of those things could derail a deal? >> well, i think there's a chance that just about anything in this town could derail any deal. i think the fact that we're -- you know, you're even asking if this can be considered a deal or success just shows you how pitiful this city has gotten right now. this is outrageous that the best they're going to be able to do is a stopgap measure that punts the problems down the road. i know one thing for sure, they're all going on vacation on friday. meanwhile the debt won't be taken care of. meanwhile they probably have raised taxes on us through our airline fees, that's a tax increase. they probably will
Dec 4, 2013 7:00am PST
pocketbook issues, this is right on point. that's why given where we are at with a still struggling economy for many people, health care does fit into these pocketbook issues. when republicans talk about you've got your free choice of doctors, for most people there isn't an actual free choice, because the cost of going to any doctor, any hospital you want is prohibitive. those are those out of network costs that make it very, very difficult for anyone to support this free choice that supposedly is part of this system. so people understand that very well. what they don't understand is what the president is proposing and how these costs will come down if they take part in these exchanges or the coverage they get will be better through their employer. >> has the democratic side been outmaneuvered on this, outmarketed on this so far, rick? >> well, they labor under the disadvantage of having to actually get something done. they can't do their marketing strictly with words, they have got to do it with deeds too, as this rollout continues. and that's why it's been such a rocky road for them. that
Dec 6, 2013 7:00am PST
of a stronger job market could fuel thoughts they are stimulating the economy. >>> with a self-imposed deadline a week away from now, the heads of the house and senate budget committee say they're just a few billion dollars away from a budget deal. paul ryan and pattie murray will reportedly work through the weekend trying to reach an agreement. >>> and the tweet of the day coming from chris dodd. if anyone asks whether one person can change the world, you can answer with one word, mandela. turn to roc® retinol correxion®. one week, fine lines appear to fade. one month, deep wrinkles look smoother. after one year, skin looks ageless. high performance skincare™ only from roc®. take skincare to the next level with new roc® multi correxion® 5 in 1, proven to hydrate dryness, illuminate dullness, lift sagging, diminish the look of dark spots, and smooth the appearance of wrinkles. high performance skincare™ only from roc®. because you can't beat zero heartburn. woo hoo! [ male announcer ] prilosec otc is the number one doctor recommended frequent heartburn medicine for 8 straight years. o
Dec 2, 2013 7:00am PST
of minimum wage, the issue of jobs. you know, we still have -- >> overall economy, immigration. >> exactly right. but trust me, it's just going to be all about health care, health care, health care. and that's really a shame of the and then just one other point -- >> and those people we should say who are out there in various congressional districts, obviously particularly the tough congressional districts, there's nothing they can do about it. >> there's nothing they can do about it, but another point i wanted to make is i've been critical of president obama on a number of issues. but however anybody feels about obama care, it is the law of the land and it really bothers me that the republican party really wants this thing to fail. and i just don't think it's in anyone's interests for this whole thing to collapse in a heap. that's really a shame. >> interesting over the weekend, e.j., cardinal dolan was on "meet the press" and he said catholic bishops have been huge supporters of universal health care but obviously they didn't agree with the mandates for hospitals to cover birth control.
Dec 3, 2013 7:00am PST
to listen to the american people and to focus on their concerns. now, whether it's the economy, whether it's jobs, whether it's protecting the american people from obama care, we've done our work. when you look at the number of bills passed by the house and the paltry number of bills passed by the senate, you can see where the problem is. >> so far if you can believe it, only 55 bills have been signed into law this year. that makes this the least productive congress ever. >>> we talked about this just a few minutes ago, amazon with the world on the edge of its seat. they have this tantalizing glimpse into the future of faster delivery using drones. it turns ot drones are already in widespread use. check it out, real estate agents use them to photograph homes for prospective buyers. farmers used them to spray. even hollywood uses them on productions. so if amazon has its way, will drones be dropping that new pair of shoes or a book at your doorstep? let me bring in matthew yglesias, nick wingfield is a "new york times" technology reporter. good to see you, guys, good morning. >> good mornin
Search Results 0 to 5 of about 6